If one country has a higher level of capital per worker than another country, it is relatively
A) capital abundant.
B) labor abundant.
C) labor intensive.
D) capital intensive.
E) capital deepened.
Correct Answer:
Verified
Q75: Exhibit 29-4 Q76: Changes in comparative advantage over time from Q77: If the comparative advantage between Japan and Q78: The equilibrating of the price of labor Q79: Trade will tend to increase wages in Q81: Trade will tend to increase the cost Q82: Workers in countries with higher productivity will Q83: Suppose two countries have similar resources, capital, Q84: A country should specialize in the production Q85: Trade will tend to equalize the price
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